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in August 27, 2013 by in Uncategorized

In an "industry sponsored" report provided to the federal government, Equifax, TransUnion and Experian claim that 95% of people in the US are "satisfied" with the dispute process for their credit reports.  What a crock!  Asking the bureaus to do a study about their dispute process is like asking the wolf to guard the chickens

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What are Red Flag Rules?  This concept is not to be confused with "Red Lining".  Red Flag Rules tell you how to develop and implement an identity theft prevention program in your life or business.  Any program must have four basic elements to create a framework within which to deal with the threat of identity

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in June 18, 2013 by in Credit Education, Your Money

Your Kids & Credit – Part Two:  Where To Start It's The Little Things. When kids get into the first grade, they are introduced to coins. They are taught their amounts, how to count coins, and what combinations of coins equal a dollar. Addition and subtraction are also studied, and the beginnings of multiplication and

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in June 18, 2013 by in Credit Education, Your Money

Your Kids and Credit – Part One:  Where To Start As a responsible parent, it is important to teach your kids about the wonders and pitfalls of money management. But if you are in financial trouble yourself, how do you teach your kids anything that will have meaning for them? Remember, just because you are

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in June 14, 2013 by in Credit Education, Your Money

As we near Father's Day of 2013, I'm thinking of my dad at the same time I am thinking about my son who is a dad.  How different they are from each other.  Although my dad passed on several years ago, I till remember the way he was.  When my dad passed away, he did

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in June 11, 2013 by in Credit Education, Your Money

If you have ongoing debt problems, you probably are getting creditor or collector phone calls to your home, office, friends or family…which can be a real bummer. I'll bet you didn't know those collector calls can mean gold for you.  It is probable that one or more collectors are violating your rights.  The only way

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Whoa…what made you think that? Paying old debts gets you to be debt free…but does not necessarily improve your credit score. It is important to understand this distinction. The creditors nor the bureaus have any vested interest in having your credit report be cleaned up. As mentioned in previous emails, the bureaus make the most

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Your FICO credit score is only one of many determining factors in obtaining new credit.. Each creditor has established their own set of guidelines and rules for extending credit. A creditor will usually require a full application that asks for many things: your income, your employment history, current level of committed expenses, your spending habits,

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  If you paid cash for everything, you would have no credit history. If you have no credit history, you have no credit! Use of credit is important to developing a great credit score. But you must follow the guidelines for keeping it great, which include: 1) keep your debt-to-credit ration under 30% per card

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A good credit score is made from the history of charging and paying off credit cards and other debts. But paying off your credit cards each month is not the best way to develop a credit history. You need to owe a bit, and pay a bit to develop it. Paying everything off each month

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